3/10/1976 - Laserfiche WebLink

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ATTORNEY SUTHERLAND ANSWERED THAT WOULD ONLY BE SO IF YOU a GET RID OF THEM RIGHT AWAY, IF YOU CONTINUE ON WITH THE PRESENT SITUATION�j k I DON'T FEEL YOU HAVE ANY FINANCIAL PROBLEM. COMMISSIONER WODTKE STATED THAT HE WOULD LIKE TO OFFER THE PROPOSAL AS DRAWN UP BY ATTORNEY COLLINS. ATTORNEY SUTHERLAND SAID THIS WOULD ONLY STALL THE MATTER FOR TWO MORE WEEKS AND fN THE MEANTIME WE DON'T KNOW WHERE WE STAND, THE BURDEN WILL STILL BE ON YOUR ATTORNEY TO ADVISE YOU. WE ARE JUST GOING 1 BACKWARDS AND FORWARDS HERE, ATTORNEY SUTHERLAND CONTINUED THAT ONCE WE KNOW YOU WILL BUY THIS PROPERTY IF THIS IS ACCOMPLISHED IN A SATISFACTORY MANNER, THEN WE CAN GO AHEAD AND DO SOMETHING CONCRETE TO GET IT SETTLED, IT WILL ONLY COST YOU MONEY IF YOU WANT TO PURSUE IT, COMMISSIONER MASSEY SAID, "IN OTHER WORDS, YOUR CLIENTS DON'T WANT TO SPEND ANY MORE MONEY CLEARING THE TITLE UNTIL YOU HAVE A BUYER," COMMISSIONER Loy SAID WHAT YOU ARE SAYING IS, FIRST YOU WISH US TO INDICATE TO YOU THAT WE DO WANT TO BUY THE PROPERTY AND SECOND, THAT WE WANT ALL THE INTERESTS CLEARED UP AND SOME KIND OF AGREEMENT REACHED BEFORE WE FINALLY CLOSE, ATTORNEY COLLINS SUGGESTED THAT AN ADDITION BE MADE TO PARAGRAPH 14 STATING THAT THE SELLER HAS 30 DAYS TO SATISFY PARAGRAPH 114, AND IF HE CANT, HE CAN THEN TERMINATE THE CONTRACT. ATTORNEY SUTHERLAND STATED THAT WE WILL BE GLAD TO COOPERATE TO TRY TO RESOLVE THE PROBLEMS AND THIS IS WHY HE PROPOSED EARLIER THAT EITHER PARTY BE ALLOWED TO TERMINATE IF SATISFACTORY RELEASES COULD NOT BE OBTAINED, ON MOTION BY COMMISSIONER Loy, SECONDED BY COMMISSIONER MASSEY, THE BOARD UNANIMOUSLY AUTHORIZED THE CHAIRMAN, WITH THE APPROVAL OF THE ATTORNEY TO THE BOARD, TO EXECUTE A CONTRACT FOR PURCHASE OF THE BEACH— FRONT PROPERTY UNDER DISCUSSION WITH THE ADDITION TO PARAGRAPH 14 THAT THE ATTORNEY HAS JUST OUTLINED, THE HOUR OF 11:00 O'CLOCK A. M., HAVING PASSED, THE DEPUTY CLERK READ,THE FOLLOWING NOTICE WITH PROOF OF PUBLICATION ATTACHED, TO—WIT: 17 �DO� 25 'pc'- 423 f